LAST BUT NOT LEAST: LAGGARD FIRMS, TECHNOLOGY DIFFUSION, AND ITS STRUCTURAL AND POLICY DETERMINANTS

• 成果类型: Article
• 署名作者: Berlingieri, Giuseppe; Calligaris, Sara; Criscuolo, Chiara; Verlhac, Rudy
• 署名单位: ESSEC Business School; Organisation for Economic Co-operation & Development (OECD); The World Bank
• 刊物名称: INTERNATIONAL ECONOMIC REVIEW
• ISSN/ISSBN: 0020-6598
• DOI: 10.1111/iere.12748
• 发表日期: 2025
• 页码: 595-627
• 关键词: research-and-development; financial constraints; 2 faces; PRODUCTIVITY; GROWTH; EVOLUTION; selection; entry; INNOVATION; EFFICIENCY

摘要

Using a unique microaggregated data set on firm-level productivity in 13 countries from 1995 to 2014, this article provides new evidence on technology- and knowledge-diffusion barriers for laggard firms. We show that, although the least productive firms benefit from a catch-up effect, their speed of catchup is lower in digital- and skill-intensive industries. This is especially true in countries with high skill mismatch, high financing frictions, and low absorptive capacity. These barriers to diffusion, combined with the rising importance of tacit knowledge and intangibles, could help explain the productivity growth slowdown observed in the last decades.